Quarterly Snapshot
| Metric | Q2'26 | YoY Δ | Q2'25 | |
|---|---|---|---|---|
| Profitability | ||||
| Return on Assets (%) | ▲ | 1.53% | +0.33 | 1.20% |
| Return on Equity (%) | ▲ | 18.35% | +2.28 | 16.07% |
| Net Interest Margin (%) | ▲ | 3.45% | +0.53 | 2.92% |
| Efficiency Ratio (%) | ▲ | 49.81% | -4.95 | 54.76% |
| Pre-Provision Profit ($M) | ▲ | $3 | +0.69 | $2 |
| Cost of Funds (%) | ▲ | 1.91% | -0.28 | 2.19% |
| Balance Sheet | ||||
| Total Assets ($M) | ▲ | $525 | +33.48 | $491 |
| Gross Loans ($M) | ▲ | $330 | +46.44 | $284 |
| Loan Growth YoY (%) | ▲ | 73.03% | +7.93 | 65.10% |
| Total Deposits ($M) | ▲ | $447 | +16.56 | $431 |
| Shareholders Equity ($M) | ▲ | $46 | +9.20 | $37 |
| Tang. Book Value ($M) | ▲ | $44 | +9.23 | $34 |
| TBV excl. AOCI ($M)** | ▲ | $52 | +9.08 | $43 |
| Loan / Deposit Ratio (%) | ▲ | 73.03% | +7.93 | 65.10% |
| Credit Quality | ||||
| NPA / Total Assets (%) | ▼ | 0.07% | +0.04 | 0.03% |
| Allowance / Loans (%) | — | 1.08% | -0.11% | 1.19% |
| Net Charge-Off Ratio (%) | ▼ | 0.11% | +0.05 | 0.05% |
| Capital | ||||
| Tier 1 Capital Ratio (%) | — | 0.00% | 0.00 | 0.00% |
Noninterest income ($0.83M) is materially above the typical range relative to net interest income. This may include one-time items. Efficiency ratio may not reflect recurring earnings power.
** TBV excl. AOCI adds back unrealised losses on AFS securities to show capital excluding mark-to-market interest rate impact.
8-Quarter Trend
| Metric | Q3'24 | Q4'24 | Q1'25 | Q2'25 | Q3'25 | Q4'25 | Q1'26 | Q2'26 | |
|---|---|---|---|---|---|---|---|---|---|
| ▁▁▃▄▄▅██ | Net Interest Margin (%) | 2.52% | 2.54% | 2.79% | 2.92% | 2.97% | 3.05% | 3.39% | 3.45% |
| ▁▁▃▄▅▅██ | Return on Assets (%) | 0.99% | 1.00% | 1.14% | 1.20% | 1.27% | 1.29% | 1.48% | 1.53% |
| ██▅▄▃▂▁▁ | Efficiency Ratio (%) | 59.9% | 59.4% | 55.6% | 54.8% | 53.3% | 52.1% | 50.4% | 49.8% |
| ██▆▆▅▃▁▂ | Cost of Funds (%) | 2.35% | 2.31% | 2.16% | 2.19% | 2.10% | 1.95% | 1.81% | 1.91% |
| █▅▂▁▁▁▆▅ | NPA / Assets (%) | 0.10% | 0.07% | 0.05% | 0.03% | 0.03% | 0.03% | 0.08% | 0.07% |
| █▅▂▁▁▁▅▄ | Net Charge-Off Ratio (%) | 0.18% | 0.13% | 0.08% | 0.05% | 0.05% | 0.05% | 0.13% | 0.11% |
| ▄▁▁▁▅▆▆█ | Tang. Book Value ($M) | $38 | $33 | $34 | $34 | $40 | $40 | $40 | $44 |
| ▁▁▂▂▅▇██ | Gross Loans ($M) | $270 | $277 | $281 | $284 | $306 | $321 | $333 | $330 |
| ▁▄▅▅▇▇█▇ | Total Deposits ($M) | $394 | $424 | $433 | $431 | $445 | $448 | $457 | $447 |
Portfolio Composition — Q2'26
| Loan Mix | % |
|---|---|
| Real Estate | 68% |
| C&I / Commercial | 23% |
| Agricultural | 5% |
| Consumer | 4% |
| Deposit Mix | % |
|---|---|
| Nonint.-Bearing Demand | 18% |
| Interest-Bearing (core) | 68% |
| Brokered / Other | 14% |